Draker Laboratories Garners $8,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ea9ef0b-c94e-4522-a94e-dfaafccfefcc&Preview=1 -
Date
8/23/2012 -
Company Name
Draker Laboratories -
Mailing Address
431 Pine Street Burlington, VT 05401 -
Company Description
Draker Laboratories provides high performance hardware monitoring and software-as-a-service data management systems for commercial-scale renewable energy systems including: solar photovoltaics (PV), wind, solar thermal and hybrid systems. -
Website
http://www.drakerlabs.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The funding will be used to accelerate the development of the company’s integrated suite of monitoring, optimization, control and asset management products. It will also enable the company to increase its sales and marketing efforts and expand its operations globally. -
M&A Terms
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Venture Investor
Austin Ventures -
Venture Investor
Harbor Light Capital Partners
